Klite Synergy with Signify
We are pleased to let you know that we will be joining forces with Signify, one of our main customers. Signify will hold a 51% stake. This transaction will bring additional scale, innovation power and access to patented technologies to further drive cost efficiencies and enhance our product development, including connected lighting offerings.
The intention to let Klite flourish, and with this, we believe that the transaction will be beneficial to all parties involved, including you, are valued customer.
We will continue to operate as a stand-alone entity, with our business running as usual. We remain committed to serving you by providing products and services with the same intention, drive and mindset as before.